On February 14th, the important Solana ecosystem project Jupiter submitted a key proposal to its DAO, planning to reduce the net token issuance of JUP to “near zero” to alleviate market concerns over inflation and selling pressure, and to strengthen the long-term value support of the token. The proposal has entered the community voting stage, and the final result will be decided by token holders.
According to the proposal, the team will begin to cut new supply from three main sources. First, all token releases from the team reserve will be indefinitely suspended; unvested tokens will be directly absorbed by the treasury and will no longer flow into the secondary market. Second, the originally planned “Jupuary” airdrop will be postponed; approximately 700 million tokens from this round will be temporarily returned to a multi-signature community wallet, with snapshots of eligible users still retained for future distribution. Third, tokens related to Mercurial unlocks will be accelerated for release but will be repurchased by the treasury to offset potential sell pressure.
Jupiter stated that community anxiety over continuous issuance has become evident. Although the project previously burned 3 billion tokens, extended the team’s lock-up period, and allocated half of on-chain revenue for buybacks, the market still seeks stronger supply control. The team believes that reducing inflation expectations can help boost confidence during market volatility.
The vote offers two options: maintain the original airdrop and issuance schedule, or delay the airdrop and implement a “near zero issuance” strategy. If the latter passes, most new tokens in 2026 will be canceled, reducing sell pressure in the short term, but also delaying rewards for active users.
Regardless of the outcome, this DAO vote will mark an important turning point in Jupiter’s tokenomics and set an example for governance approaches in DeFi projects within the Solana ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Why Did Bitcoin Fall Today? Iran's Key Leader Dies, Hormuz Strait Faces Blockade Again
Recent reasons for Bitcoin's decline include geopolitical conflict uncertainty triggered by the death of Iranian wartime official Larijani, the blockade of the Strait of Hormuz pushing oil prices above $100, exacerbating inflation pressures and reducing Federal Reserve rate cut expectations, as well as institutional capital withdrawal. On the technical side, $72,000 is an important support level, and a break below could lead to further exploration toward $64,000.
MarketWhisper18m ago
edgeX will have a TGE before March 31, with a 96% probability of reaching that, and a 12% increase over 24 hours.
Gate News reported that on March 18, a prediction market platform's data showed that the probability of edgeX reaching TGE (Token Generation Event) before March 31 has risen to 96%, representing a 24-hour increase of 12%. This morning, a certain CEX added EDGEX to its listing roadmap. Trading launch for the related assets depends on market-making support and the completion of technical infrastructure. Once conditions are met, a separate announcement will be made regarding the trading initiation.
GateNews18m ago
Trader "First Sets 10 Major Targets" Goes Long for $14.668 Million Profit, Then Shifts to Shorting BTC at Opening Price Around $74,200
Gate News reported that on March 18, according to AI Auntie's monitoring, trader "Set 10 Big Goals First" @Jason60704294, who previously profited 14.668 million USD from long positions, reversed direction early morning to short BTC. Currently holding 28.48 BTC, with an estimated entry price of approximately $74,210 USD based on tweet timing. This position was opened on a certain CEX and cannot be tracked to an address or verified through on-chain data.
GateNews20m ago
Today's cryptocurrency fear and greed index fell to 26, with the market in a state of panic
Gate News Report: On March 18, Alternative.me data shows that today's cryptocurrency fear and greed index dropped to 26, with the market in a "panic state." Yesterday, the index was at 28, also in a "panic state."
GateNews39m ago
Libra Meme Coin Scandal Expands! Argentine President Embroiled in 5 Million Dollar Promotion Deal
Argentine President Javier Milei has been embroiled in a Libra meme coin controversy, with an alleged exposure of a $5 million cooperation agreement draft that caused the token's value to plummet 94%. Investigation documents reveal close ties between Milei and crypto industry lobbyists, involving undisclosed payment structures. Despite government denials of misconduct, related judicial and political investigations are ongoing and could impact his administration.
CryptoCity39m ago
Market Awaits Fed Decision as Bitcoin Consolidates at $74,000 High
Middle East tensions remain elevated, with investors focusing on the impact of high oil prices on inflation and the Fed's interest rate decision. U.S. stocks rose slightly, with energy stocks performing well, while Bitcoin consolidated around thousand dollars. Markets expect the Fed to hold rates steady, with attention on Powell's remarks.
GateNews1h ago
